In Which of the Following Circumstances Are Offerors Free to Revoke

question 7

Multiple Choice

In which of the following circumstances are offerors free to revoke their offers?

• A)In case of common law rule on revocation.
• B)In case of unilateral contracts.
• C)In case of the availability of an option.
• D)In case of a promissory estoppel.

---

Definitions:

Standard Deviation

A statistical measure of the dispersion or variability of a set of numbers, indicating the average distance from the mean.

Montana Highways

Refers to the network of state and interstate highways that crisscross the state of Montana, serving as important transportation routes.

Speed Limit

A legally determined maximum speed at which vehicles may travel on a particular road or area.

Binomial Distribution

The binomial distribution is a probability distribution that summarizes the likelihood that a value will take one of two independent states under a given number of observations.